
As you can see, some significant increases. Obviously this is because I'm working with small amounts, but it's still very heartening to see an accumulation of assets - I've never been in this position before! I was able to contribute an extra $100 to my Roth IRA on top of my automatic $200 contribution and an extra $160 in cash savings on top of my automatic $100 savings. I'm already more than 27% of the way toward hitting my asset goal for 2008 of $6,000.

Debt reduction is, and will be for the foreseeable future, small but consistent. My student loan % diff will gradually increase as more of my monthly payment goes toward the principal rather than interest, but the credit card payment will remain the same until I can reach a point where paying it off at once is feasible.
So a small reduction in debt and a big increase in assets lead to a 2.61% increase in my net worth over January and 6.88% for the year thus far. This is great news. I'm psyched about my progress so far and seeing the numbers gives me even more motivation to save.
1 comment:
Very impressive young man. Keep up the good work!
R.W. Buffet
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